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There are few basic rules that needs to be followed while converting the LLP to Private Limited Companies.
- The LLP Must have Minimum 7 Partners
- Approval of all 7 partners is required.
- Advertisement in the news pape...
Wazzeer Professional Network
ProfessionalWhat are the rules and regulations followed in the conversion of LLP into a private limited company?
-
Wazzeer Professional Network
ProfessionalThere are few basic rules that needs to be followed while converting the LLP to Private Limited Companies.
- The LLP Must have Minimum 7 Partners
- Approval of all 7 partners is required.
- Advertisement in the news paper needs to be published (Local and National)
- NOC is required from the RoC (Registrar of companies)
Once the above requirements are met. the following process needs to be followed for the conversion
- Name Approval - Name approval for the new private limited company has to be obtained from the ROC.
- Getting the DSC and DIN for the Directors - The 7 future directors of the company must obtain the DSC and DIN number’
- Filing form URC-1 - once the name is approved and the DSC and DIN numbers are obtained URC-1 needs to be filed with the required documents.
- Drafting and Filing of MoA and AoA - Once the URC-1 is filed, MoA and AoA needs to be drafted and filed with the ROC.
If you need any help regarding the conversion and Process write to us at enquire@wazzeer.com
7 months ago
View answer
What are the rules and regulations followed in the conversion of LLP into a private limited company?
-
Wazzeer Professional Network
ProfessionalThere are few basic rules that needs to be followed while converting the LLP to Private Limited Companies.
- The LLP Must have Minimum 7 Partners
- Approval of all 7 partners is required.
- Advertisement in the news paper needs to be published (Local and National)
- NOC is required from the RoC (Registrar of companies)
Once the above requirements are met. the following process needs to be followed for the conversion
- Name Approval - Name approval for the new private limited company has to be obtained from the ROC.
- Getting the DSC and DIN for the Directors - The 7 future directors of the company must obtain the DSC and DIN number’
- Filing form URC-1 - once the name is approved and the DSC and DIN numbers are obtained URC-1 needs to be filed with the required documents.
- Drafting and Filing of MoA and AoA - Once the URC-1 is filed, MoA and AoA needs to be drafted and filed with the ROC.
If you need any help regarding the conversion and Process write to us at enquire@wazzeer.com
7 months ago
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